SMIC’s 7-nm chip process a wake-up call for US by Scott Foster SOURCE: Asia Times

semiconductor foundry -- a factory where silicon wafers are manufactured

System-on-Chip (SoC) --  "For reference, an SoC is an IC that incorporates a processing unit (logic), memory and other components, creating a specialized computer or other type of electronic system in a single device."

Deep Ultra-Violet (DUV) lithography -- "7-nm is the actual limit of DUV lithography"

Extreme Ultra-Violet (EUV) lithography -- (EUV equipment is monopolized by ASML of the Netherlands)